Technology for Real Estate
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Enactment of ML 2009-28 (Appraiser Independence) will be implemented February 15, 2010.
ML 2009-28 (originally planned for a January 1, 2010 implementation) has two parts: a) prohibition of mortgage brokers and commission-based lender staff from the appraisal process, and b) appraiser selection in FHA Connection. The effective date for both sections of this guidance will take [...]
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Have you seen Hitler’s rant on the HVCC? My new favorite video that pokes fun at the appraisal process.
Click Here if you can not see the embedded video above.
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The impact of the HVCC on the real estate appraisal industry.
The HVCC went into effect on May 1st, 2009.
To help enhance the integrity of the home appraisal process in the mortgage finance industry, in March 2008, Fannie Mae entered into an agreement with our regulator—the Federal Housing Finance Agency (then the Office of Federal Housing [...]
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